debt
confidence high
sentiment neutral
materiality 0.50
3M closes $1.1B debt offering of 4.800% Notes due 2030 and 5.150% Notes due 2035
3M CO
- Offered $550M of 4.800% Notes due 2030 and $550M of 5.150% Notes due 2035; closed March 13, 2025.
- Net proceeds for general corporate purposes, including repayment of 2.65% notes due April 2025 and 3.00% notes due August 2025.
- Issued under existing shelf registration statement (S-3) and indenture dated November 2000, as supplemented.
- BofA Securities, Citigroup, Deutsche Bank, and J.P. Morgan acted as underwriter representatives.